SemaConnect Secures Investment from Trilantic North America
10/20/20, 1:03 PM
Location
bowieSemaConnect, a top provider of electric vehicle charging infrastructure solutions to North American commercial, residential, and fleet markets, today announced it has received a substantial minority investment from Trilantic North America, a leading private equity firm. Founder and CEO Mahi Reddy and Chief Operating Officer Mark Pastrone continue to own a meaningful equity stake in the business and will lead the company through its next phase of growth. Funds managed by Pear Tree Partners, LP, which led previous rounds of financing, will also continue to own a significant minority stake in the company.
Company Info
Location
bowie, texas, united states
Additional Info
SemaConnect is a leading provider of electric vehicle charging infrastructure solutions to the North American commercial, residential and fleet market. A complete EV support partner, SemaConnect delivers a truly modern property experience through innovative, elegantly designed charging stations and a robust and open network platform. The company has helped maximize property value and appeal through thousands of successful charging station deployments at Class A properties since its founding in 2008, for companies like CBRE, JLL, Hines, Greystar, Cisco Systems and Standard Parking. SemaConnect remains the preferred charging solutions partner to municipal, parking, multifamily, hotel, office and retail customers across the United States and Canada. For more information, visit www.semaconnect.com.